u. s. economy. so this is an unprecedented strength because there's a strike against all the big 3 automakers bets. gm sto lantus and of course we know that the negotiations with forward are moving forward. there's still a gap between the demands of the workers and what the. a what ford is willing to offer, but they are moving forward, but they're still a big gap with the other 2 companies. it's hard to tell how much this really will impact the u. s. economy. but what the workers here are trying to do is try to really have this impact the consumers. so you know, the additional strikes that have been announced for g. m and still enters, have targeted uh parts plants that create parts the. but there's also the impact on the workers income as are striking, they only get about 15 percent from the union. and the unions don't have infinity resources. and so the, the clock is ticking on that as well. say bring the reporting from the city of detroit is. thank you very much. i am i have around of all, some o

walkouts threaten to raise car prices, and disrupt an industry that makes up about 3% of the entire u—s economystrikes are expanding against detroit automakers general motors and stellantis — but not ford. the uaw noted they are making real progress in their talks. this comes as the uaw seeks a rise in pay and an end to a system allowing newer hires to be paid less. they're also seeking automatic pay increases tied to inflation — among other demands. with today's expansion — the autoworkers' union is now striking against 38 more plants across the us at general motors and stella ntis. the uaw represents more than 140,000 workers at the detroit big three auto—makers. about 5,600 more workers went on strike friday. in total — there are now 18,300 auto employees on strike. union president shawn fain spoke earlier on the lack of movement in negotiation. both companies are still offering a deficient cost of living allowance that is projected to provide zero increases over the next four years. both of those companies have rejected all of ourjob security proposals. both gm and stellantis rejected our p

u. s. economy under phone delay ins, watch a little concerned about the competition in the auto industry. the european commission has launched, approved into states subsidies for chinese electric vehicles. cars from china could not be hit with a tar off above the standard 10 percent you rate for their 10 thing. you're paging relations, global markets and also a lot. it was cheaper chinese electric cars. and the price is kept artificially low by huge states subsidies. this is distorting our market and as we do not accept this distortion from the inside and our market, we do not accept this from the outside. so i can announce today is that the commission is launching an empty subsidy investigation into electric vehicles coming from china. quite a bit, every time cleaners, so the spacing feels for the audience like we've all done something wrong on one hand cleaners with powder stuff on the back in our speech for making free trade deals with new zealand. sheila kenya and said that mexico, brazil, indi

u. s. economy under phone delay is watch. meanwhile, concerned about competition in the auto industry. the european commission has launched, approved into states subsidies for chinese electric vehicles. as of on demand says that looking to target chinese caused by increasing power above the standard 10 percent. e rates, global markets, and also a lot, it was cheaper chinese electric cars. and the price is kept artificially low by huge states subsidies. this is distorting our market and as we do not accept this distortion from the inside and our market, we do not accept this from the outside. so i can announce today is that the commission is launching an empty subsidy investigation into electric vehicles coming from china. quite a bit, every time cleaners, so the spacing feels for the audience like we've all done something wrong on one hand, queen nursing without herself on the back in her speech for making free trade deals with new zealand. sheila kenya and said that mexico, brazil, india, and indonesia are all in this. all those countries have an advantage over products made in the u.

u. s economy is the most resilient, adaptive , reflexive economy in the world.'s a service oriented economy is different than 2030 years ago, and i think the economy is doing better than people anticipated . the one thing i will say today, though, maybe slowing a bit, but i think people have have underestimated how strong this economy can be. you call it the polyurethane economy, and you've also noted that the absolute numbers of jobs created are phenomenal going a little bit. so i call it polyurethane, because think about how polyurethane bends and adjusts and in his reflexive and you know you, you take some shots at the us economy. interest rates up 500 basis points. local banks, regional banks, setting stress and then the economy is able to adjust to it, and then inflation comes down organically along service. so i think that is impressive. the other thing is you think about since may have 20 us economies hired 26 million people that is, like literally like the size of australia. every man, woman and child in australia pretty incredible. what's happened today

u . s. economy as performing poorly right now despite the data indicating otherwise. and recent polls show that 60 percent of americans nearly 60 percent put the blame on joe biden. and his economic policies will hide in 2019 industrial action against general life as it was just dental lights has been pushed michigan into a recession. and that was a 6 week long strike. how long could this last and how bad could it gets? especially as we head into an election? yeah, absolutely. it depends. if this does go into the full scale, a $150000.00, you a workers all stopping work that would be catastrophic. the number of new vehicles, obviously in the market would go down, which means prices for them will go up. and the greatest fear here is that the progress that the us government and the federal reserve has taken on lowering record inflation. all of that may be wiped away. and again by them would likely take the blame of the eyes of voters. but that is still a distance of possibility. it's someone, sir, it's one that certainly people are worried about, but president biden and

economies are handling these warnings. all right, let's get into the m o the, the u. s. and china, the world's top 2 economies have been locked in an economic war since the trump era in 2018 when donald trump leveled unprecedented tariff on china. a move that aimed to encourage americans to buy made in america by making chinese imports more expensive, but the fight didn't actually begin there. it actually started back under brock obama when then the obama administration launched a number of complaints against china with the w t. o, the world trade organization. mister obama made no qualms about his position, saying this quote. i will go anywhere in the world to open new markets for american products. and i will not stand by when our competitors don't play by the rules. we've brought trade cases against china at nearly twice the rate as the last administration, and it's made a difference. was brock obama back in january of 2012. so it's no wonder that the tech wars or tech race between the super powers have reached the levels that it has even to the point that experts in t

washer in china is a very big economy, but i think for the u. s. and the part that there are actually 2 factors that they will continue to the 1st as you from without any to political attentions. the chinese economy is post is slow without any way. because if you look at the cost of japan, even though it's not to do the identical, but it does share some similarities in terms of the aging population, the supply chain, we're shuffling to watch, the lower cost and countries. i think the overall district has basically point to the fact that a, china's a growth will actually decide the rate any way is just really about whether it will additional rate, fos, to us know of. but if we look at autumn market, that actually the u. s. is trying to support, we're talking about us in india this uh, this country is that basically will grow faster than trying the in the next few decades, even though the size may still be smaller than china because of the little up based . so how do you see the pos, the chinese economy as on right now? oh, i think if we look at the g

absolutely essential to what is going on and as it was shadowing, in fact, the cup of the economy could capacity of the u. s. the us of being destroying inside the, the pipeline which makes the economy of germany conflicts eclipsing. and then these documents, it was stipulating, clearly that's in fact the americans wanted to shift or the energy consuming. the industry grows by usa, in fact, to get a sense built for very cheap, but the size of the social consequences that all i'm really sorry is because even the jobs i'll shift because a company are moving away. that means the politically speaking, this is going to be a very serious problem for souls. and that's what are you mentors? he's a heading, we'd be meeting the party to go to meeting start time in europe. if anybody's going be immune springs. well, teddy and teddy as i saw on twitter a very interesting picture. when the chancellor, i called them sergeant schultz, was addressing the united nations general assembly. nobody was there listening. nobody wants to hear what the germans, chancellors has to say. and you know what? maybe they still have the pi

economies. they're wrapping up in delhi, u. s. president joe biden, and u. s. allies announced the plans for an ambitious rail and see quarter blinking the middle east in europe. the project is aimed at boosting trade and growth, encountering china's belt and road initiative. climate change is also on the agenda agenda. leaders back the drive to triple the world's renewable energy capacity by 2030. and that the african union has also joined the g 20 summit. the block of 55 countries now has the same status as the european union. g 20 membership reflects the rise of a continent whose young population is set to double by 2050, making up a quarter of the global population. and the g 20 issued a joint declaration despite wide differences over the warrant ukraine, the tax calls on all states to refrain from frightening or using force to gain territory. do you have use chief international editor, richard walker has more from the g 20 summit. he was there in dallas. so oil lights here in talley, or of course on the passages in the final lead his declaration to focu

u. s. has basically decimated the european economy. and what are the up happening is that you, all of us here in europe are wondering k. um we had cheap russian gas coming in. we weren't at war with russia. europe has a very different relationship with russia than the us does. in fact, one of the reasons the e u, the european union was created in the 1st place was to be a more competitive entity against the us on the global stage. and ultimately, what ended up happening now is with the, the north stream pipeline being blown up by the way that's being played on ukraine . now in case you haven't noticed in the process we're seeing and intelligence officials saying, you know, you train probably did it how, how convenient that is. um, so that goes into what you're saying with respect to, you know, that whole narrative around corruption. oh yeah. they also blah blinds and so if you're going to blame anyone, blame them, there's no real investigation happening. nobody really wants to know what happened there. they're afraid of, you know what

economy. this would be the 4th u. s. government shut down in 10 years. kimberly help it out as 0. the white house, hundreds of thousands of migrants are on the move impacting countries throughout the americas political repression, economic turmoil and worsening climate issues or among the factors, pushing them to risk it full of a send, a remedy at the reports from but with all a year ago the swelling migrants, davy, paris, crossed the treacherous studying jungle between columbia and panama, trying to reach the united states. but he felt ill in the forest and was deported back to venezuela. the lack of opportunities at home convinced them to leave once again by mail. i am a little bit scared and will type seen on social media. people being roberts with mike, they think golf maybe things come get better. is just one of hundreds of thousands of various latin american from present routes. on the 3rd by the dangers of the journey. been swelling and splitting the political and economic crisis. there make up the biggest part of this slate. this wave followed by haitians and equal dorian

economy. this would be the 4th u. s. government shut down in 10 years. kimberly help it out of a 0. the white house, a micro boat in the mediterranean, has reportedly come under attack by the libyan coast guard, according to see watch international migrant rescue organizations posted a video online which appears to show a ding a sinking with dozens of migrants on board, off to close approaching by a speed boat. shortly afterwards, a larger patrol boat, it seemed throwing life voice to people in the water. sea wash size is not clear if there were any casualties and a post on x, formerly known as twitter, see watch called the incident attempted murder organization says the coast guard took the migraines back to libya. a united nations is wanting more than a 100000 people could leave now going o'connor box, i think how many is a fame the region more than a week after as the buys on seized control, and a swift military offensive mediator says about 2 thirds of the population has already left us. nobody's any government searching, s think on meetings to stay in going and kind of box. it'

and they only touch on this one was the question around our economy as weapons in arms control. seeing as the u. s. has recently used really bellicose language towards minor regarding taiwan. will china be open to discussing autonomous military tech with the us going forward? so those are 2 very separate questions, middle of let me address them each in turn. so is trying to kind of a, a proving ground, a testing site for this was, i think absolutely it is. so if we look at the other very dramatic technological breakthrough in modern times, that was the rise of the internet. and that's that, that's why uh, president of united states its fine built bluetooth, made fun. i made fun of china by saying that by trying to control the internet of control information on the internet that that would be like nailing jello into the wall. so good luck with that. and in fact, with trying to demonstrate it was not only could it quote unquote nail jello to the wall, but in fact it was vitally necessary to do so. so what we've seen all around the world and in the states is that in, on managed interest in results in

economy. and that gives disproportionate power to the u. s. and the european countries, which they have not used in the most desirable ways. so they're also very clunky institutions. they take forever to do anything useful. they are supposed to provide b, i'm f, as in jobs are providing typically we have a debt crisis by their own admission. more than 70 countries. i mean, what severe or multitude in stress, they do nothing for. yes, i mean the countries that approach them for the different day 3 years before they get get a result. and the doctor really is so niggling, it's so stingy that it amounts to, you know, it actually doesn't really have the so off to the treaties. but examples i'm, yeah, has just managed didn't agreement in zambia and so you don't got to be sent to jump to i. mr. payments are going to continue to pay spot due to 50 percent of the budgets on deck street on deck servicing. this is off to the so called relief. so you can see how these are institutions, but i'm not really taking the concerns of different countries serious

u. s. the us, of being destroying inside the, the pipeline which makes the economy of germany companies equaled up seeing any of these documents. it was stipulating clearly that's in fact the americans wanted to shift all the email g consuming industry, grows by usa in fact, to get a sense built for very cheap, but the size of the social consequences that all i'm really sorry is because even the jobs i'll shift because the company are moving away. that means the politically speaking, this is going to be a very serious problem for souls. and actually when sorts he's a heading, we'd be meeting the board meeting. so i have in europe every body's bowing demon springs. well, teddy and teddy as i saw on twitter a very interesting picture. when the chancellor, i call them sergeant schultz, was addressing the united nations general assembly. nobody was there listening. nobody wants to hear what the german chancellor is, has to say. and you know what, maybe they still have the pipeline people would be willing to listen, but they don't have the pipeline. it's gone hard gentlemen, i'm going to jump in her

economy. beneficial change from these falls to ties with the united states. we trade said costs that vietnam enjoys with the us suddenly beneficial, but job creation for economic growth. and as a u. s. looks to push ahead with its plants to help vietnam become this tech manufacturing hub. that's certainly beneficial for be it known as economy. they have already been some significant deals assigned in terms of cyber security. and so in terms of technology, in terms of cheap, can you factoring uh and uh, a i as well. so that's certainly significant for vietnam. and if we look beyond the economic scope, but this bi lateral tired also look at not as of security. well, vietnam is not looking to cause any agitation for badging, but that doesn't mean that the relationship between vietnam and china is not without its challenges, but utility in recent months. we have seen some agitation among countries in southeast asia, specifically vietnam and the philippines. over the ages of recent acts over the south china sea, the philippines just as a twice and the space of only a few weeks has accused chinese vessels of dangerous me news. and what we've heard from these meetings between the us and v

the g 20 is made up of the biggest economies, including the us, china and the european union, as well as emerging players like india, brazil, and turkey. u. s. president joe biden has already met with the indian prime minister and to render moody. 2 thirds of the world's population is represented at the summit, but the leaders of china and russia are not attending. database chief international editor richard walker is in delhi. he told me more about talks between joe biden and it is prime minister under, under moody to load the invite. and matt, just recently in washington are assigned of the real low growing closeness between india and the united states. and the american side just saying that they're going to be picking up on a lot of conversations loves the agreements they made during that meeting in, in washington. dc earlier in the year, and there a range of issues that uh, i'm sorry, big steps like for instance, an agreement to have american fighter jet engines manufactured in india, an agreement to sell military drugs to india. so they'll be picking up on those conversations. also planning for a plan to visit by joe biden, a major vis

economy is very well prepared. so it's going to be a very interesting trial that's going to have huge impacts for pretty much everyone, the government, the u. s. government says if google is broken up, which could happen if the government wins, then another search company could come along and perhaps have better privacy policy policies. it could also impact the economy. after all alphabet, the parent company of google is one of the wealthiest country companies in the entire world. they don't have a huge impact on stock prices. the other way it could impact is google is really the dominant player when it comes to online advertising. they pretty much set the rates, so if they are broken up, if there's more competition, the government says businesses could pay less for those ad. so very cons to can control trial. not just because of that, but because there's only a handful of companies that really control or online universe. if google wins the government, much less likely to go to them. if the government, when those companies have to be much more concerned that they could be next, the draw is expected to take about 10 weeks, but the decision wil

u. s. favor to come to the engine as well. since i was in there as president of the national regional cultural economy of crimean tonners stated on march 10th last year, that there was a considerable evidence linking to assemble narrative to american espionage. this claims are also supported by the russian media which frequently portrays was done with america as an american spy, or sam participant in us departments. young and talented under printers program has established commerce relations with america firstly for some or if it's not a soldier and has no military background. typically, the role of defense minister worldwide is given to a general or someone with a military background. however, we believe the reason that we're send them or if was appointed, could be that he has extensive ties to american companies, particularly when ukraine needs significant arms a during this conflict. alexa resnick, of who was removed from his post was both corrupt and unsuccessful in the west during this period. so they dismiss, resnick up and replaced them with a simple matter of who has good relations with the united states. the english t

u. s. has and the estimate to, to just how d p damaging the references, occasions where and when you think back at the economy, premise, occasions now that to the country. so last week i experience since those claims are made, because at that time we even so the countries to michigan come and see forwarding to record lows of mine. 292 vander, games, the one adult law. and that was not seeing us since the codes 19 for damien from all of this. and from what we as being covering fee we eat it, it is quite clear that today's absolutely no doubt to that, to the current you cannot make. and do you put in the tool conditions applied for a tell? and that's exactly where the bricks nation. so rather the bricks block that tends to come in because of the diplomatic spots that to be invested to try to, to, to, to, to, to reveal was of course and to cripple the brakes. alliances, or rather the better the bricks, the smallest pale, which is filled. i forgot. so to own know that the u. s. is grappling with what the cabin to a political shift. maybe it's for you to call to be casual each several agreements have been re sofa

economies of developing countries, addressing the war in a new crane. he said the un would not give up on efforts to revive a black sea grain deal for everyone. while you m u. s. president joe biden to address the assembly a short while ago, and he said the world must not back down in its support of ukraine. russia belated the world will grow weary, allow it to brutalize your credit without consequence. but i ask you this. if we are a bad in the core principles of united states to a page and a dresser, okay, that a member a stage and this bobby feel confident that they are protecting you for a while. you're trying to be carved up, is the independence of any they should secure. i respect we should just the answer is no. we have to stand up to this negative aggression today and to to our other would be aggressors tomorrow. that's why the united states, together with our allies and partners around the world, will continue to stay with the brave people who are crazy as they defend their sovereignty enter, or tauriel integrity and their freedom. the well with me in the studio is our chief international editor richard walker, and i just remind our viewers that we a

u. s. has, i'm the estimate to, to just how deep the damaging the ramifications were. and when you think back to the economy, premise, occasions now that to the country. so last week i experienced since those claims were made, because at that time we even saw the countries domestic current. see forwarding to record lows of mine. 292 vander, games. the one a de la and that was not seen that since the codes 9 to forgive me if a u. s. is grappling with what the current geo political shift maybe even for you to call to be cajun on each several agreements have been reach so far between sylvester tax and to off the washington biggest rivals, which is russia and china and for the time being and from what we know sofa present from a post that has confirmed a piece dollars for south africa to stick with neutral foreign policy without taking any size. and of course, so this is the spice of the obvious and the never ending pressure coming from the sides of geopolitical analyst on breaks experts, the killer module quantum says the us is diplomatic move was aimed on the binding south africa's positive relations with mos